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(UMESLTD) Usha Martin complete technical analysis [charts+indicators] | Buy/Sell Usha Martin | (UMESLTD) share price targets

Complete technical analysis of Usha Martin (UMESLTD) by charts plus indicators, forecast predictions and share price targets for Usha Martin (UMESLTD)

Usha Martin trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-11-06 View latest technical analysis

10 day averaged volume of Usha Martin is 82963

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	7.45	7.45	7.45	7.45	0.399 times
05 Tue Nov 2024	7.85	7.85	7.85	7.85	0.3 times
04 Mon Nov 2024	8.27	9.13	9.13	8.27	2.329 times
01 Fri Nov 2024	8.71	8.71	8.71	8.71	0.486 times
31 Thu Oct 2024	8.30	8.30	8.30	8.30	0.514 times
30 Wed Oct 2024	7.91	7.53	7.91	7.52	0.943 times
29 Tue Oct 2024	7.54	7.54	7.54	7.34	1.915 times
28 Mon Oct 2024	7.19	7.19	7.19	6.85	1.335 times
25 Fri Oct 2024	6.85	6.55	6.85	6.55	0.999 times
24 Thu Oct 2024	6.53	6.55	6.55	6.25	0.914 times

My analysis of stock is bullish for shortterm, and stock might move up till 8 or till 8.9. Use a stoploss of 7.18 and if this stock hits its stoploss, then it can fall down till 6.38

Share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Target	4.70
Downside Target	4.80
Downside Target	5.09
Downside Target	5.63
Downside Target	6.03
Downside Target	6.85
Downside Target	7.03
Downside Target	7.45
Upside Target	7.73
Upside Target	8.30
Upside Target	8.71
Upside Target	8.94
Upside Target	9.13

Intraday share price targets for Usha Martin (UMESLTD)

Target Type	Value
Downside Intraday Target	6.89
Downside Intraday Target	6.33
Upside Intraday Target	8.57
Upside Intraday Target	9.69
Upside Intraday Target	8.01

Weekly technical analysis of Usha Martin (UMESLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	7.45	9.13	9.13	7.45	0.583 times
01 Fri Nov 2024	8.71	7.19	8.71	6.85	1.487 times
25 Fri Oct 2024	6.85	6.28	6.85	6.03	1.079 times
18 Fri Oct 2024	6.27	7.03	7.03	6.06	0.173 times
11 Thu Jul 2024	7.73	8.11	8.94	7.73	1.091 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Usha Martin (UMESLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	7.45	8.71	9.13	7.45	0.307 times
31 Thu Oct 2024	8.30	7.03	8.30	6.03	0.319 times
11 Thu Jul 2024	7.73	5.21	8.94	5.09	3.114 times
28 Fri Jun 2024	5.27	5.25	5.63	4.80	1.117 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Usha Martin (UMESLTD)

Price action analysis of Usha Martin ( (UMESLTD) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Usha Martin ( (UMESLTD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Usha Martin ( (UMESLTD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Usha Martin ( (UMESLTD) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Usha Martin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Usha Martin in short term and the buy signal is strong.

Usha Martin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Usha Martin in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Usha Martin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.64 and Usha Martin (UMESLTD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Usha Martin (UMESLTD) stock. Volume based technical analysis of Usha Martin (UMESLTD) stock is negative.

Usha Martin Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.